Friday, July 10, 2009

Shirlee Zerkel: Lima TV news report from Ottoville meeting

From Shirlee Zerkel, July 9, 2009
Subject: A little news from the Ottoville retiree meeting
Dear all,
Our very own Tim Myers was on the six oclock news stating that the "actives will bear the brunt of the cuts." Then in the online story ( that I can't bring up again to email to you at the moment) stated the following: Rep Goodwin and Rep Wachtmann are again [opposing] HB177.
There also were some interesting quotes from Laura Ecklar,"The state retirement system has been around for 89 years and this is the first time we have had to cut benefits," Ecklar said, attributing this to declining investment return and increased longevity for people using the retirement.
My opinion: That strange that this will be the first ever benefit cuts;
1. What about the lost 13th check?
2. the lost spousal premium subsidy?
3. lost health care benefits.
4. higher and higher premiums and
5. others I can't think of now, because I am stressed.
Shirlee
Larry KehresMount Union Collge
Division III
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